Earlier today we posted a report about howthe world has turned into the wild wild west in cyber warfare. Admiral Michael Rogers, who also serves the dual role as head of U.S. Cyber Command, said the United States has detected malware from China and elsewhere on U.S. computers systems. “It enables you to shut down very segmented, very tailored parts of our infrastructure that forestall the ability to provide that service to us as citizens,” Rogers was quoted in testimony before the House Intelligence Committee.

Back in July billionaire hedge fund manger Paul Singer put out this forecast relating to a natural EMP event taking down the electric grid, basically it’s the same piece of cake as above, just with different frosting. This is a dozer of a story!

We’ll tell you right now this is one scary forecast, mainly because so few have talked about it. Billionaire hedge fund manager Paul Singer has issued an unusual warning for investors, calling the threat of a widespread blackout from an electromagnetic pulse the “most significant danger” in the world today. Paul Singer: “This threat is ‘head-and-shoulders’ above all others.”

“(A natural EMP event) today would cause a massive disruption to the electric grid, possibly shutting it down entirely for months or longer, with unimaginable consequences,”Singer wrote. “Only two years ago, the sun let loose with a Carrington-magnitude burst, but the position of the earth at the time prevented the burst from hitting it. The chances of additional events of such magnitude may be far greater than most people think.”

Called an “electromagnetic pulse” or EMP, the events can occur naturally from solar storms or artificially from a high-altitude explosion of nuclear weapons.

“While these pages are typically chock full of scary or depressing scenarios, there is one risk that is head-and-shoulders above all the rest in terms of the scope of potential damage adjusted for the likelihood of occurrence,”Singer wrote about this to clients of his $24.8 billion Elliott Management recently in a standard investment update letter.“Even horrendous nuclear war, except in its most extreme form, can [be] a relatively localized issue, and the threat from asteroids can (possibly) be mitigated”

“The consequences of such an attack could be catastrophic; all electronics, power systems, and information systems could be shut down,” Rep. Scott Perry said in prepared remarks during an EMP hearing in May held by the U.S. House Committee on Homeland Security. “This could then cascade into interdependent infrastructures such as water, gas, and telecommunications. While we understand this is an extreme case, we must always be prepared in case a rogue state decides to utilize this technology.”